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TURISM, HOTELURI, RESTAURANTE MAREA NEAGRA S.A. CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER, 31 2020 Prepared in accordance with International Financial Reporting Standards as adopted by the EUTURISM,
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Gather all necessary financial documents such as balance sheets, income statements, and cash flow statements.
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Ensure all financial data is accurate and up to date.
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Follow the specific guidelines provided by the organization or regulatory body for filling out the financial statements.
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Include any notes or explanations for unusual or significant transactions.
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Review the completed financial statements for accuracy and consistency before releasing them.

Who needs financial statements release?

01
Companies and organizations required to report financial information to investors, shareholders, and regulatory bodies.
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Financial institutions and lenders who require financial statements for loan approvals.
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Potential investors or business partners who need to assess the financial health and performance of the company.
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Financial statements release refers to the formal dissemination of a company's financial performance and position to stakeholders, typically including income statements, balance sheets, and cash flow statements.
Publicly traded companies, certain private companies, and organizations that meet specific regulatory criteria are required to file financial statements release.
To fill out a financial statements release, organizations must gather their financial data, prepare the financial statements in accordance with accounting standards, and include notes or explanations as necessary before submitting to the appropriate regulatory body.
The purpose of financial statements release is to provide transparency regarding a company's financial health, inform investors and stakeholders, and comply with legal and regulatory requirements.
Key information that must be reported includes revenue, expenses, net income, assets, liabilities, and equity, along with accompanying notes that explain accounting policies and any significant events.
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